Médisima: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Médisima
Largest movements
- Tangible fixed assets -€12,273
down €12,273 (-5.5%), from €221,417 to €209,145
of which Land and buildings: -€14,511
- Cash +€12,061
up €12,061 (+62.8%), from €19,196 to €31,257
mainly Depreciation (+€17,812) and Net result for the year (+€15,024)
- Debts after one year -€15,740
down €15,740 (-8.3%), from €190,755 to €175,015
- Reserves +€15,024
up €15,024 (+169.7%), from €8,853 to €23,877
- Current portion of long-term debt +€5,313
up €5,313 (+37.3%), from €14,245 to €19,558
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€15,648
up €15,648 (+53.1%), from €29,494 to €45,143
- Depreciation +€3,570
up €3,570 (+25.1%), from €14,242 to €17,812
- Taxes +€2,907
up €2,907 (+272.2%), from €1,068 to €3,975
- Financial charges +€1,540
up €1,540 (+31.1%), from €4,944 to €6,483
- Other operating charges +€1,461
up €1,461 (+377.2%), from €387 to €1,848
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,921 | €245,655 | +€734 | +0.3% |
| Formation expenses | 20 | €95 | €0 | -€95 | -100.0% |
| Fixed assets | 21/28 | €221,667 | €209,395 | -€12,273 | -5.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €221,417 | €209,145 | -€12,273 | -5.5% |
| Land and buildings | 22 | €210,469 | €195,958 | -€14,511 | -6.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €10,949 | €13,187 | +€2,238 | +20.4% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €23,159 | €36,260 | +€13,101 | +56.6% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,963 | €5,003 | +€1,040 | +26.2% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €3,963 | €5,003 | +€1,040 | +26.2% |
| Cash at bank and in hand | 54/58 | €19,196 | €31,257 | +€12,061 | +62.8% |
| Total equity and liabilities | 10/49 | €244,921 | €245,655 | +€734 | +0.3% |
| Equity | 10/15 | €33,853 | €48,877 | +€15,024 | +44.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €8,853 | €23,877 | +€15,024 | +169.7% |
| Distributable reserves | 133 | €8,853 | €23,877 | +€15,024 | +169.7% |
| Amounts payable | 17/49 | €211,068 | €196,778 | -€14,290 | -6.8% |
| Amounts payable after more than one year | 17 | €190,755 | €175,015 | -€15,740 | -8.3% |
| Financial debts | 170/4 | €190,755 | €175,015 | -€15,740 | -8.3% |
| Amounts payable within one year | 42/48 | €20,313 | €21,763 | +€1,450 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €14,245 | €19,558 | +€5,313 | +37.3% |
| Taxes, remuneration and social security | 45 | €1,068 | €2,205 | +€1,138 | +106.5% |
| Taxes | 450/3 | €1,068 | €2,205 | +€1,138 | +106.5% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,242 | €17,812 | +€3,570 | +25.1% |
| Other operating charges | 640/8 | €387 | €1,848 | +€1,461 | +377.2% |
| Gross operating margin | 9900 | €29,494 | €45,143 | +€15,648 | +53.1% |
| Operating profit (loss) | 9901 | €14,865 | €25,482 | +€10,618 | +71.4% |
| Financial charges | 65/66B | €4,944 | €6,483 | +€1,540 | +31.1% |
| Recurring financial charges | 65 | €4,944 | €6,483 | +€1,540 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €9,921 | €18,999 | +€9,078 | +91.5% |
| Income taxes | 67/77 | €1,068 | €3,975 | +€2,907 | +272.2% |
| Profit (loss) for the period | 9904 | €8,853 | €15,024 | +€6,171 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,853 | €15,024 | +€6,171 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.